Is this the top? Bull Run Over? 2017 repeat?
I hear more and more people, traders, pointing out to me the end of bull market.
So, although I always do my own thing, the responsibility here is too big, to you, to my followers, that I must do my best to reanalyze things for you ensure I provide you info to the best of my abilities.
I see why speculative markets are undecided. But they got the tip from the market: last 47k level was supposed to be technically bearish, yet we went up, meaning their model is NOT working.
That was a hint.
Bitcoin markets works like that, gives you one chance than a big move.
If you compare speculative markets with multi-billion dollar big investments, financial markets entering crypto, you will know those men know how to draw the charts.
Right now, the $50,000 level is the level institutional money supports. Meaning, it’s a good buy zone for them.
They will not buy at $70k, but they will buy strongly at 50k.
After one level is defended, early speculators join in, then wannabe-TAs join, then the noobest of retail.
This is what D Man expects:
1) Altcoin run to begin - this is big one. You should be in altcoins now until btc near 64k. Not in biggest cap but in smaller, shitcap alts. (remember after your analysis and success to know that D Man helped you point this out when it wasn’t as obvious)
2) Bitcoin to continue the climb and break above the current top into 72900 area and higher.
It might take delay, slow ladder rise, however, I believe that we will not go much below 49k anymore until 72900 is reached.
Strong pressure on me now, because everybody sees that the top is in, but I don’t see it. And I have a duty towards you.
Now would be the SMARTEST time for big money to be buying when speculators are completely undecided - they don’t know whether they are bullish or selling it all. They compare charts with 2017, and this is the top of their analysis.
I, D Man, believe they are wrong.
To the best of my analysis, we are strong, strongly bullish, and at very interesting time in crypto now.
If it changes, and I catch it on time, I will update you here on my channe @blockchainwhispersbaby
the moment I notice it.
happy btc appreciation,
(the most accurate crypto signals channel on the planet!)